Time Is Running Out to Save Sri Lanka from Total Economic Collapse
Once hailed as South Asia’s ‘success story’, Sri Lanka has faced months of escalating violent unrest.
Read more...Category Archives: Currencies
James Galbraith: The Dollar System in a Multi-Polar World
On the rise and decline of the dollar system.
Read more...Michael Hudson Talks with Katie Halper and Aaron Maté About the Broader Ramifications of the US/NATO Conflict with Russia
Michael Hudson expliains how the US hopes to benefit from its proxy war with Russia.
Read more...Out of Africa: Rich Continent, Poor People
A new book documents the scale and mechanism of the looting of Africa.
Read more...The Coming EU Embargo of Russian Oil, Russia’s Economic Challenges, and the Question of Operational Capacity
The EU is planning to punch Russia hard with yet another embargo, this of its oil. But will this wind up being more rope a dope?
Read more...Sri Lanka Economic Crisis Inflicted by Self-Serving Elite
How the Sri Lanka debt crisis was decades in the making.
Read more...Michael Hudson: The Dollar Devours the Euro
Michael Hudson argues that the euro and European economic independence are intended US targets for the war in Ukraine.
Read more...The Importance of Custody, or NATO’s Internal Gold War
Both the UK’s Government and the Bank of England have gotten suspiciously tetchy over German requests to get its gold back.
Read more...Putin Edict on “Gas for Roubles” Consistent With Original Description (and Our Take); Western Officials Nevertheless Claim a Walkback
Putin’s gas for roubles plan was over-interpreted by foreign policy experts and media employees, and that’s working out to Russia’s advantage.
Read more...Joe Lauria Interviews Michael Hudson and Richard Wolff on Consortium News
Michael Hudson and Richard Wolff discuss how the economic and ground war over Ukraine is moving geopolitical tectonic plates.
Read more...Putin-Scholz Phone Call on “Gas for Roubles” Mechanism Conforms to Our Assessment; Disputes Over Russia Force Reduction Around Kiev; West Pressure on China, India Continues
What Russia is up to and what if anything the West can do continues to dominate the media. Too bad we know so little about what is afoot
Read more...The IMF Connection with the Ukraine Crisis
You can’t quite say the IMF is the root of all evil. But it sure made a lot of bad situations worse.
Read more...Ukraine Updates and More Discussion of the Russia “Gas for Roubles” Countersanction
Gazprom is scheduled to announce what its roubls-for-gas payments stipulations are, even though most Western countries said no, sight unseen.
Read more...“Dollar Hegemony Ended Last Wednesday”: Michael Hudson Interviewed by Margaret Flowers on Clearing the Fog
Michael Hudson continues to discuss how Western sanctions are undermining the central role of the dollar in US economic dominance.
Read more...NATO-Russia Proxy War – Revealing Signs of a Fading America: Michael Hudson
Michael Hudson continues his political and financial analysis of the war in Ukraine.
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